One evening when Ganesh came back home from work, his 5 year old daughter, Sreenithi came running to him. She had a drawing paper in her hand.
“See NANA, what I made.” Her voice was excited.
He looked at the paper, which had a sketch of an airplane.
His wife, Revathi, told him that she saw in the newspaper the picture of a woman flying a plane, which inspired her to do the sketch.
“This is great Sreenithi. I am so proud of you.” He hugged her.
Sreenithi had put in a lot of details including her parents sitting behind and she herself on the controls in the cockpit. For a 3 year old, it was quite an achievement.
“NANA, one day I will become a pilot and fly a plane. I will take Mummy and you along. It will be great fun.” She said with a chuckle.
“Of course Chellam, you can do anything.”, said the doting father.
“How will I learn to fly?” Sreenithi posed the innocent question.
“You can go to a flying school to learn.” Ganesh was referring to flying courses.
“When can I go to that school?” She was still curious.
Ganesh looked up thinking. “After a few years, when you are big enough to fly”
Sreenithi had a broad smile on her face.
“Let’s eat dinner.” Revathi interrupted the conversation.
On the dinner table, Revathi asked, “Isn’t a flying school expensive?” She was concerned.
“Anything for Avani, We will figure it out.” Ganesh was confident that he would fulfill Avani’s dream.
Ganesh did some research and realised that if he saves some amount regularly in a mutual fund, it was possible to accumulate the fee of a flying school. If there was any shortfall, he can take a loan to fill the gap.
At that stage, he decided to invest Rs. 10,000 per month through Safe return Scheme in LIC
He tagged his investment as “Sreenithi’s Wings.” This ensured that he will use the money only for Sreenithi flying school fees.
What happened so far was in year 2005.
Cut to 2018. Ganesh and Revathi have their eyes wet with joy. Sreenithi has been selected for a flying school course.
Their daughter is actually fulfillingher childhood dream.
But, what about the costs?
The overall costs including fee and other expenses at the flying school are expected to be very high.
But Mahesh, who with his diligence and commitment continued to save Rs. 10,000 per month via a systematic investment plan (SIP) in a mutual fund scheme, is not concerned. He doesn’t need to take any loan since drip by drip he accumulated the amount required for Sreenithi’s dream.
Ganesh is now looking forward to the day when Sreenithi, as a pilot, takes them for a ride in the skies.
LIC traditional savings are subject to GURANTEE, read all scheme related documents before choosing a plan.
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